delete The Non-Domestic Rating (Small Business Rate Relief) (England) (Amendment) Order 2016
Amends the Non-Domestic Rating (Small Business Rate Relief) (England) Order 2012 to extend the small business rate relief scheme by one year, moving the end date from 31st March 2016 to 31st March 2017. The amendment applies to England only.
Small business rate relief is a subsidy mechanism that distorts market decisions by conferring preferential treatment on smaller businesses at the expense of larger ones and other taxpayers. It creates moral hazard by incentivising businesses to remain small to retain eligibility rather than grow. The relief is funded through higher rates on other businesses, making it a zero-sum transfer rather than genuine economic benefit. While the extension is modest, this instrument perpetuates a distorted approach to business taxation that should be replaced with a simpler, neutral rating system. Each annual extension normalises government intervention in market structure rather than addressing underlying tax system reform.